Manjit covers a broad range of commercial property work; but specialises and leads the firms Secured…View Profile View all
Shawbrook Bank and Schofield Sweeney are delighted to have acted for the Marine Group in a multi-million pound funding package, as part of its expansion plans.
Shawbrook Bank, with our assistance, has provided the leading marine business with a funding package totalling £2.88m, including:
The Marine Group, who began life in Cardiff Bay in 2007 with 2 employees and a few moorings, has now rapidly expanded to offer over 1,255 marina and dry stack berths across 5 locations along the Welsh coastline from Cardiff in the south to Port Dinorwic on the north coast. The services it offers includes berthing, drystack facilities, boatyard services and commercial property. The business now employs over 45 highly trained marine engineers, craftsmen and support staff.
Manjit Virdee, Partner in our Commercial Property team at Schofield Sweeney added; “It was great to assist Shawbrook on this deal for the rapidly expanding Marine Group. Well done to all involved and a special thanks to Oliver Jenkins at Shawbrook and my team for their hard work and dedication.”
If we can help your business to grow, we'd love to hear from you. Please call Manjit Virdee and the team on 01274 377299, who will be happy to help.